Columbia Fds Correlations
| NFECXDelisted Fund | USD 3.61 0.00 0.00% |
The current 90-days correlation between Columbia Fds Srs and Aqr Large Cap is -0.11 (i.e., Good diversification). The correlation of Columbia Fds is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Columbia Fds Correlation With Market
Significant diversification
The correlation between Columbia Fds Srs and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Columbia Fds Srs and DJI in the same portfolio, assuming nothing else is changed.
Columbia |
Moving together with Columbia Mutual Fund
| 0.83 | AGTHX | Growth Fund | PairCorr |
| 0.82 | AFRFX | Invesco Floating Rate | PairCorr |
| 0.71 | CFNDX | Cargile Fund | PairCorr |
| 0.93 | BTEEX | Baron Select Funds | PairCorr |
| 0.8 | IGOWX | Voya Large Cap | PairCorr |
| 0.7 | MIFOX | Marsico Focus | PairCorr |
| 0.74 | PFFSX | Pfg Fidelity Institu | PairCorr |
| 0.91 | LGLUX | L Abbett Growth | PairCorr |
| 0.87 | AULDX | Ultra Fund R6 | PairCorr |
| 0.71 | URUSX | Ultra Short Term | PairCorr |
| 0.87 | MBCZX | Massmutual Select Blue | PairCorr |
| 0.83 | PFPPX | Midcap Growth | PairCorr |
| 0.73 | DREQX | Dreyfus Research Growth | PairCorr |
| 0.89 | PIPPX | Midcap Growth | PairCorr |
| 0.75 | MLXIX | Catalyst Mlp Infrast Steady Growth | PairCorr |
| 0.75 | WUSRX | Wells Fargo Ultra | PairCorr |
| 0.89 | HGOSX | Hartford Growth | PairCorr |
| 0.81 | DSHZX | Brinker Capital Dest | PairCorr |
| 0.89 | HGOVX | Hartford Growth | PairCorr |
| 0.75 | CVVRX | Columbia Small Cap | PairCorr |
| 0.77 | MLPGX | Oppenheimer Steelpath Mlp | PairCorr |
| 0.77 | VVIPX | Voya Vacs Index | PairCorr |
| 0.77 | ASIUX | Multi Asset Real | PairCorr |
Moving against Columbia Mutual Fund
Related Correlations Analysis
| 0.84 | 0.91 | 0.35 | 0.89 | AMONX | ||
| 0.84 | 0.86 | 0.47 | 0.92 | TFCCX | ||
| 0.91 | 0.86 | 0.19 | 0.95 | VAAGX | ||
| 0.35 | 0.47 | 0.19 | 0.37 | MTCGX | ||
| 0.89 | 0.92 | 0.95 | 0.37 | TWQZX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Columbia Mutual Fund performing well and Columbia Fds Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Columbia Fds' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AMONX | 0.91 | (0.13) | 0.00 | (0.12) | 0.00 | 1.25 | 15.94 | |||
| TFCCX | 0.52 | (0.01) | (0.04) | (0.07) | 0.73 | 0.90 | 5.58 | |||
| VAAGX | 0.56 | (0.07) | 0.00 | (0.77) | 0.00 | 1.06 | 5.43 | |||
| MTCGX | 0.81 | 0.06 | 0.03 | 0.70 | 1.15 | 1.58 | 5.71 | |||
| TWQZX | 0.50 | (0.03) | 0.00 | (0.26) | 0.00 | 1.16 | 5.29 |
Columbia Fds Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Columbia Fds mutual fund to make a market-neutral strategy. Peer analysis of Columbia Fds could also be used in its relative valuation, which is a method of valuing Columbia Fds by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Columbia Fds Srs?
Investing in delisted funds can be risky, as the mutual fund is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.